The Manila Electric Company (MERALCO) said that its customers continue to enjoy lower power rates in the first three months of the year, as average retail rates dropped by Php0.29 per kilowatt-hour...
The Manila Electric Company (MERALCO) is requesting the Department of Energy (DOE) to approve its “emergency procurement” wherein it would acquire up to 260 megawatts (MW) to augment power supply during the...
Aboitiz Power Corporation and MERALCO PowerGen Corporation (MGen) said that they are dropping coal from their power project under Redondo Peninsula Energy, Inc. (RP Energy) in Subic, Zambales. Instead, RP Energy —...
The Manila Electric Company (MERALCO) has further extended its no-disconnection policy until May 14 in light of the continued implementation of the modified enhanced community quarantine (MECQ) in the NCR-plus bubble, which...
The Manila Electric Company (MERALCO) reported a 10.7% drop in its consolidated core net income to Php5.72 billion in the first quarter of 2021 from Php5.11 billion in the same period in...
The Manila Electric Company (MERALCO) and the Philippine Rural Electric Cooperatives Association (PHILRECA) party-list are appealing to the public to be more responsible in using electricity, as dry months persist and temperatures continue...
The Department of Energy (DOE) called on renewable energy (RE) players to start putting up new power plants in two years to meet the requirements of power distributors to source a percentage...
The Manila Electric Company (MERALCO) is extending its no-disconnection policy until April 30 following the government’s decision to place Metro Manila and neighboring provinces under modified enhanced community quarantine (MECQ). MERALCO’s franchise...
Customers of the Manila Electric Company (MERALCO) should indeed expect an increase in electricity bills for April as a result of higher rates in the Wholesale Electricity Spot Market (WESM), which in...
The simultaneous bogging down of power plants and reduction of output from the Malampaya gas field have pushed prices in the Wholesale Electricity Spot Market (WESM) to hit record-spikes in recent days...
